LHYAX | High Yield Fund Class A | Lord Abbett

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High Yield Fund

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Daily price w/o sales charge as of 12/05/2025

$6.38

$0.00

YTD Returns w/o sales charge as of 12/05/2025

6.86%

Please click here for performance current to the most recent quarter-end and month-end.

Click here to view all legal text including risk information

Summary

Summary

What is the High Yield Fund?

The Fund seeks to deliver current income and the opportunity for capital appreciation by investing primarily in high yield corporate bonds.
 

A HERITAGE OF HIGH YIELD

Brings a 40+ year history of high-yield investing, focused on fundamental, bottom-up credit research.

AN OPPORTUNISTIC APPROACH

Provides the flexibility to adjust to the market environment and take advantage of opportunities across the credit spectrum.

STRONG TRACK RECORD

Has offered a track record of strong performance versus peers in up and down markets, demonstrating the strength of this active approach as a core high-yield holding over a full market cycle.

Yield

Average Yield to Maturity as of 10/31/2025

7.90%

Distribution Yield as of 12/05/2025  

7.22%

30-Day Standardized Yield 1 as of 11/30/2025  

6.44%

In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.

Distribution Yield is the calculation of cash flow for an investment vehicle, to calculate the distribution yield, the most recent distribution is multiplied by 12 to get an annualized total, which is then divided by the NAV.

Fund Basicsas of 10/31/2025

Total Net Assets
$3.36 B
Inception Date
12/31/1998
Dividend Frequency
Monthly
Fund Gross Expense Ratio
0.93%
Fund Net Expense Ratio
0.93%
Number of Holdings
685
Minimum Initial Investment
$1,500+

Fund Expense Ratio :

Gross 0.93%

Net 0.93%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/1998
w/o sales charge 6.75% 6.22% 8.18% 3.61% 5.04% 6.08%
Lipper Category Avg. High Yield Funds 7.42% 6.91% 8.77% 4.38% 5.29% -
ICE BofA U.S. High Yield Constrained Index 7.88% 7.42% 9.60% 4.81% 6.12% 6.39%
w/ sales charge 4.30% 3.81% 7.37% 3.14% 4.81% 5.99%

Fund Expense Ratio :

Gross 0.93%

Net 0.93%

Fund Expense Ratio :

Gross 0.93%

Net 0.93%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/1998
w/o sales charge 5.97% 6.22% 9.57% 4.47% 5.04% 6.09%
Lipper Category Avg. High Yield Funds 6.60% 6.76% 10.15% 5.07% 5.27% -
ICE BofA U.S. High Yield Constrained Index 7.12% 7.31% 11.06% 5.59% 6.09% 6.40%
w/ sales charge 3.54% 3.82% 8.73% 4.00% 4.81% 6.00%

Fund Expense Ratio :

Gross 0.93%

Net 0.93%

Returns with sales charges reflect a maximum sales charge of 2.25%.

Past performance is not a reliable indicator or guarantee of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. 

Type Assets
High Yield Bonds
Bank Loans
Investment Grade Bonds
Equity
Other
Convertibles
Cash

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Allocations are reported as of the date a security transaction is initiated; however, certain transactions may not settle until several days later. Accordingly, cash may appear as a negative allocation as a result of unsettled transactions.

Maturity Assets
Less than 1 year
1-3 years
3-5 years
5-7 years
7-10 years
Greater than 10 years

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Credit Quality Distribution as of 10/31/2025 View Portfolio

Rating Assets
BBB
BB
B
<B
Not Rated

Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the average rating based on numeric values assigned to each rating. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.

INVESTMENT TEAM

Steven F. Rocco
Steven F. Rocco, CFA

Partner, Co-Head of Taxable Fixed Income

24 Years of Industry Experience

Robert A. Lee
Robert A. Lee

Partner, Co-Head of Taxable Fixed Income

34 Years of Industry Experience

Christopher Gizzo
Christopher Gizzo, CFA

Partner, Deputy Director of Leveraged Credit

17 Years of Industry Experience

Supported By 87 Investment Professionals with 18 Years Avg. Industry Experience

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Performance

Performance

Average Yield to Maturity as of 10/31/2025

7.90%

Distribution Yield as of 12/05/2025  

7.22%

30-Day Standardized Yield 1 as of 11/30/2025  

  Subsidized2 Un-Subsidized3
w/o sales charge 6.44% 6.44%

In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

Fund Expense Ratio :

Gross 0.93%

Net 0.93%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/1998
w/o sales charge 6.75% 6.22% 8.18% 3.61% 5.04% 6.08%
Lipper Category Avg. High Yield Funds 7.42% 6.91% 8.77% 4.38% 5.29% -
ICE BofA U.S. High Yield Constrained Index 7.88% 7.42% 9.60% 4.81% 6.12% 6.39%
w/ sales charge 4.30% 3.81% 7.37% 3.14% 4.81% 5.99%

Fund Expense Ratio :

Gross 0.93%

Net 0.93%

Fund Expense Ratio :

Gross 0.93%

Net 0.93%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/1998
w/o sales charge 5.97% 6.22% 9.57% 4.47% 5.04% 6.09%
Lipper Category Avg. High Yield Funds 6.60% 6.76% 10.15% 5.07% 5.27% -
ICE BofA U.S. High Yield Constrained Index 7.12% 7.31% 11.06% 5.59% 6.09% 6.40%
w/ sales charge 3.54% 3.82% 8.73% 4.00% 4.81% 6.00%

Fund Expense Ratio :

Gross 0.93%

Net 0.93%

Returns with sales charges reflect a maximum sales charge of 2.25%.

Past performance is not a reliable indicator or guarantee of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. 

Year Fund Returns ICE BofA U.S. High Yield Constrained Index
2024 8.39% 8.27%
2023 10.46% 13.55%
2022 -13.75% -11.16%
2021 6.15% 5.35%
2020 4.49% 6.07%
2019 15.07% 14.41%
2018 -5.15% -2.27%
2017 8.50% 7.48%
2016 15.84% 17.49%
2015 -2.26% -4.61%
2014 3.46% -
2013 9.69% -
2012 16.50% -
2011 3.15% -
2010 14.31% -
2009 50.51% -
2008 -23.42% -
2007 2.43% -
2006 9.94% -
2005 1.15% -
Year Q1 Q2 Q3 Q4
2025 0.30% 2.80% 2.77% -
2024 1.89% 1.21% 4.87% 0.23%
2023 2.69% 1.15% -0.44% 6.82%
2022 -5.43% -10.72% -1.48% 3.69%
2021 1.73% 3.11% 0.63% 0.57%
2020 -16.65% 10.72% 5.69% 7.13%
2019 7.50% 3.77% 0.28% 2.86%
2018 -1.07% -0.04% 2.54% -6.47%
2017 2.82% 1.98% 2.45% 1.00%
2016 2.01% 5.52% 5.46% 2.05%
2015 3.05% 0.86% -4.23% -1.81%
2014 2.92% 3.38% -1.83% -0.95%
2013 3.97% -1.03% 2.51% 3.99%
2012 6.63% 0.36% 5.06% 3.61%
2011 3.82% 1.07% -7.02% 5.73%
2010 4.93% -0.92% 6.33% 3.40%
2009 5.95% 17.32% 14.23% 6.01%
2008 -3.43% 1.99% -7.81% -15.68%
2007 2.98% 0.17% 0.48% -1.17%
2006 2.57% 0.01% 2.80% 4.27%
2005 -1.74% 1.49% 0.87% 0.56%
2004 1.07% -0.32% 4.34% 5.04%
2003 4.06% 8.25% 2.40% 5.41%
2002 1.51% -3.59% -3.78% 6.10%
2001 5.14% -1.67% -3.99% 6.15%
2000 -1.66% 0.99% 0.31% -2.65%
1999 3.43% -0.11% -0.81% 3.99%

Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.

Growth of $10,000 as of 11/30/2025

The chart begins on the Fund's inception date of 12/31/1998.

Based on a hypothetical Class A share investment of $10,000 on 12/31/1998 without sales charge and includes the reinvestment of all distributions.

 

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Rating Assets
High Yield Bonds
Bank Loans
Investment Grade Bonds
Equity
Other
Convertibles
Cash

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Allocations are reported as of the date a security transaction is initiated; however, certain transactions may not settle until several days later. Accordingly, cash may appear as a negative allocation as a result of unsettled transactions.

Rating Assets
Less than 1 year
1-3 years
3-5 years
5-7 years
7-10 years
Greater than 10 years

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Credit Quality Distribution as of 10/31/2025

Rating Assets
BBB
BB
B
<B
Not Rated

Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the average rating based on numeric values assigned to each rating. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.

Portfolio Details as of 10/31/2025

Total Net Assets
$3.36 B
Average Effective Duration
3.44 Years
Average Maturity
4.27 Years
Number of Issues
685
Average Yield to Maturity
7.90%
Distribution Yield (as of 12/05/2025)
7.22%

To view definitions for the above Portfolio Details, Click here.

Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.

Average Maturity - The length of time until the average security in a portfolio will mature or be redeemed by its issuer in proportion to its dollar value. Indicating a portfolio’s sensitivity to general market interest rate changes, a longer average maturity implies greater relative portfolio volatility.

Average Effective Duration - The change in the value of a fixed income security that will result from a 1% change in interest rates, taking into account anticipated cash flow fluctuations from mortgage prepayments, puts, adjustable coupons, and potential call dates. Duration is expressed as a number of years, and generally, the larger a duration, the greater the interest-rate risk or reward for a portfolio’s underlying bond prices. Where applicable, certain investments, such as common or preferred stock, convertible bonds and convertible preferred stock, ETFs, ADRs, and CPI swaps and related futures, are excluded from these calculations.

Holding Coupon Maturity Assets
CCO Holdings LLC / CCO Holdings Capital Corp 4.500% 08/15/2030 0.7%
Warnermedia Holdings Inc 5.050% 03/15/2042 0.6%
Iron Mountain Inc 5.625% 07/15/2032 0.5%
Nissan Motor Co Ltd 4.810% 09/17/2030 0.5%
Venture Global LNG Inc 9.500% 11/01/2028 0.5%
CHS/Community Health Systems Inc 5.250% 05/15/2030 0.5%
X.AI LLC / X.AI Co Issuer Corp 12.500% 07/15/2029 0.5%
CVS Health Corp 7.000% 12/10/2029 0.4%
DISH DBS Corp 5.125% 06/01/2029 0.4%
CSC Holdings LLC 11.750% 01/31/2029 0.4%
% of Total Assets 5.0%
Holding Coupon Maturity Assets
CCO Holdings LLC / CCO Holdings Capital Corp4.500% 08/15/20300.7%
Warnermedia Holdings Inc5.050% 03/15/20420.6%
Iron Mountain Inc5.625% 07/15/20320.5%
Nissan Motor Co Ltd4.810% 09/17/20300.5%
Venture Global LNG Inc9.500% 11/01/20280.5%
CHS/Community Health Systems Inc5.250% 05/15/20300.5%
X.AI LLC / X.AI Co Issuer Corp12.500% 07/15/20290.5%
CVS Health Corp7.000% 12/10/20290.4%
CSC Holdings LLC11.750% 01/31/20290.4%
DISH DBS Corp5.125% 06/01/20290.4%
Alloy Finco Ltd0.005% 03/06/20250.4%
Altice France SA6.500% 03/15/20320.4%
TransDigm Inc6.000% 09/15/20290.4%
Cleveland-Cliffs Inc7.500% 03/15/20300.4%
Carnival Corp5.750% 12/15/20290.4%
Virgin Media Finance PLC5.000% 07/15/20300.4%
Viasat Inc7.500% 05/30/20310.4%
AMC Networks Inc4.250% 02/15/20290.4%
CoreWeave Inc9.000% 02/01/20310.4%
Hughes Satellite Systems Corp6.625% 08/01/20260.4%
OneMain Finance Corp7.500% 05/15/20290.4%
Rand Parent LLC8.500% 02/15/20280.4%
CSC Holdings LLC4.625% 12/01/20300.3%
Borr IHC Ltd / Borr Finance LLC10.375% 11/15/20300.3%
DaVita Inc4.625% 06/01/20300.3%
EMRLD Borrower LP / Emerald Co-Issuer Inc6.625% 06/15/20280.3%
Jane Street Group / JSG Finance Inc7.125% 04/30/20290.3%
Lumen Technologies Inc4.500% 01/15/20290.3%
Scripps Escrow II Inc5.375% 01/15/20310.3%
Ardonagh Finco Ltd7.750% 02/15/20290.3%
Taseko Mines Ltd8.250% 11/01/20280.3%
Virgin Media Secured Finance PLC5.500% 05/15/20290.3%
Bausch Health Cos Inc5.000% 01/30/20280.3%
EquipmentShare.com Inc9.000% 05/15/20270.3%
Eldorado Gold Corp6.250% 09/01/20260.3%
New Gold Inc6.875% 04/01/20300.3%
JetBlue Airways Corp / JetBlue Loyalty LP9.875% 09/20/20310.3%
Celanese US Holdings LLC6.750% 04/15/20330.3%
1261229 BC Ltd10.000% 04/15/20300.3%
Advance Auto Parts Inc7.375% 08/01/20300.3%
ZF North America Capital Inc7.125% 04/14/20300.3%
Univision Communications Inc7.375% 06/30/20270.3%
FTAI Aviation Investors LLC7.000% 05/01/20290.3%
CHS/Community Health Systems Inc6.875% 04/15/20290.3%
Long Ridge Energy LLC8.750% 02/15/20300.3%
Level 3 Financing Inc3.625% 01/15/20290.3%
Gray Media Inc5.375% 11/15/20310.3%
ROCK Trust 2024-CNTR8.819% 11/13/20290.3%
Navient Corp11.500% 03/15/20270.3%
Hertz Corp/The12.625% 07/15/20290.3%
Kioxia Holdings Corp6.625% 07/24/20300.3%
Coeur Mining Inc5.125% 02/15/20290.3%
CCO Holdings LLC / CCO Holdings Capital Corp4.750% 03/01/20300.3%
VZ Secured Financing BV5.000% 01/15/20320.3%
Warnermedia Holdings Inc4.279% 03/15/20320.3%
Synchrony Financial7.250% 11/02/20320.3%
Efesto Bidco SpA Efesto US LLC7.500% 02/15/20320.3%
IHO Verwaltungs GmbH8.000% 11/15/20290.3%
MIWD Holdco II LLC / MIWD Finance Corp5.500% 02/01/20300.3%
Seaspan Corp5.500% 08/01/20290.3%
Sinclair Television Group Inc8.184% 12/31/20300.3%
Kedrion SpA6.500% 09/01/20290.3%
Hunt Cos Inc5.250% 04/15/20290.3%
CNX Midstream Partners LP4.750% 04/15/20300.3%
Brandywine Operating Partnership LP8.875% 03/12/20290.3%
Aris Mining Corp8.000% 10/31/20280.3%
EchoStar Corp6.750% 11/30/20270.3%
Freedom Mortgage Holdings LLC9.125% 05/15/20290.3%
Global Partners LP / GLP Finance Corp8.250% 01/15/20290.3%
Kraken Oil & Gas Partners LLC7.625% 08/15/20290.3%
NRG Energy Inc10.250% 03/15/20280.3%
Venture Global LNG Inc8.375% 06/01/20280.3%
Venture Global LNG Inc8.125% 06/01/20270.2%
Vistra Operations Co LLC7.750% 10/15/20260.2%
Vermilion Energy Inc7.250% 02/15/20330.2%
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp7.125% 11/15/20300.2%
Studio City Finance Ltd5.000% 01/15/20290.2%
Turning Point Brands Inc7.625% 03/15/20300.2%
Rain Carbon Inc12.250% 03/01/20280.2%
Comstock Resources Inc5.875% 01/15/20300.2%
CMG Media Corp8.875% 06/18/20290.2%
Avis Budget Car Rental LLC / Avis Budget Finance Inc8.375% 06/15/20300.2%
CSC Holdings LLC6.500% 02/01/20290.2%
Curaleaf Holdings Inc8.000% 12/15/20260.2%
Full House Resorts Inc8.250% 02/15/20280.2%
Samarco Mineracao SA9.500% 06/30/20310.2%
Park-Ohio Industries Inc8.500% 08/01/20290.2%
Miller Homes Group Finco PLC7.000% 05/15/20290.2%
GrafTech Global Enterprises Inc9.875% 12/23/20290.2%
STL Holding Co LLC8.750% 02/15/20270.2%
Sunrise FinCo I BV4.875% 07/15/20310.2%
SunCoke Energy Inc4.875% 06/30/20290.2%
X Corp10.848% 10/29/20290.2%
Vornado Realty LP3.400% 06/01/20310.2%
Venture Global LNG Inc9.000% 09/30/20290.2%
Venture Global Plaquemines LNG LLC7.750% 12/01/20340.2%
K Hovnanian Enterprises Inc8.375% 10/01/20300.2%
JB Poindexter & Co Inc8.750% 12/15/20280.2%
Longfor Group Holdings Ltd3.950% 09/16/20290.2%
Molina Healthcare Inc3.875% 11/15/20300.2%
Park River Holdings Inc8.750% 12/31/20300.2%
NRG Energy Inc6.000% 10/15/20320.2%
FTAI Aviation Investors LLC7.875% 12/01/20260.2%
Fibercop SpA6.375% 11/15/20330.2%
Emergent BioSolutions Inc3.875% 08/15/20280.2%
CITGO Petroleum Corp8.375% 10/15/20260.2%
Caturus Energy LLC8.500% 02/15/20290.2%
Cerdia Finanz GmbH9.375% 10/15/20290.2%
Carriage Purchaser Inc7.875% 10/15/20290.2%
Bausch Health Cos Inc11.000% 09/30/20280.2%
Bombardier Inc7.000% 06/01/20290.2%
Ardonagh Group Finance Ltd8.875% 02/15/20290.2%
Amsted Industries Inc6.375% 03/15/20300.2%
Altice France SA9.500% 10/01/20260.2%
Cleveland-Cliffs Inc7.625% 01/15/20310.2%
Coronado Finance Pty Ltd9.250% 10/01/20290.2%
Enpro Inc6.125% 06/01/20300.2%
EZCORP Inc7.375% 04/01/20300.2%
Fortescue Treasury Pty Ltd6.125% 01/15/20320.2%
NRG Energy Inc6.000% 11/01/20290.2%
Newmark Group Inc7.500% 12/12/20280.2%
Nabors Industries Inc8.875% 08/15/20310.2%
MARKIT CDX.NA.HY.44 06/305.000% 06/20/20300.2%
Match Group Holdings II LLC6.125% 09/15/20300.2%
Mauser Packaging Solutions Holding Co9.250% 04/15/20270.2%
LBM Acquisition LLC6.250% 01/15/20290.2%
Lightning Power LLC7.250% 08/15/20290.2%
Iron Mountain Inc5.250% 07/15/20300.2%
Vital Energy Inc7.875% 04/15/20320.2%
WULF Compute LLC7.750% 10/15/20290.2%
Sunoco LP6.250% 07/01/20300.2%
Starwood Property Trust Inc6.500% 04/15/20300.2%
Transocean International Ltd8.500% 05/15/20310.2%
TransDigm Inc6.875% 08/18/20280.2%
Smyrna Ready Mix Concrete LLC8.875% 11/15/20280.2%
StoneX Group Inc7.875% 03/01/20290.2%
Wildfire Intermediate Holdings LLC7.500% 10/15/20280.2%
XPLR Infrastructure Operating Partners LP8.625% 03/15/20300.2%
Ivanhoe Mines Ltd7.875% 01/23/20290.2%
Limak Iskenderun Uluslararasi Liman Isletmeciligi AS9.500% 07/10/20320.2%
LGI Homes Inc8.750% 12/15/20270.2%
GEO Group Inc/The10.250% 04/15/20270.2%
Hilcorp Energy I LP / Hilcorp Finance Co7.250% 02/15/20350.2%
Navient Corp9.375% 10/25/20290.2%
Mineral Resources Ltd9.250% 10/01/20260.2%
OneMain Finance Corp7.125% 08/15/20290.2%
QXO Building Products Inc6.750% 04/30/20300.2%
Port of Newcastle Investments Financing Pty Ltd5.900% 08/24/20310.2%
First Quantum Minerals Ltd8.000% 03/01/20300.2%
First Quantum Minerals Ltd8.625% 06/01/20280.2%
Five Point Operating Co LP8.000% 10/01/20290.2%
Dornoch Debt Merger Sub Inc6.625% 10/15/20290.2%
Directv Financing LLC / Directv Financing Co-Obligor Inc10.000% 02/15/20290.2%
Civitas Resources Inc9.625% 06/15/20300.2%
Amynta Agency Borrower Inc and Amynta Warranty Borrower Inc7.500% 07/15/20300.2%
Atlanticus Holdings Corp9.750% 09/01/20300.2%
BKV Upstream Midstream LLC7.500% 10/15/20290.2%
Avis Budget Car Rental LLC / Avis Budget Finance Inc5.375% 03/01/20290.2%
Axon Enterprise Inc6.250% 03/15/20300.2%
Azorra Finance Ltd7.250% 07/15/20290.2%
Bread Financial Holdings Inc9.750% 11/07/20250.2%
Caesars Entertainment Inc6.500% 02/15/20290.2%
Bausch Health Cos Inc4.875% 06/01/20280.2%
Beach Acquisition Bidco LLC10.000% 07/15/20290.2%
Alpha Generation LLC6.250% 10/15/20300.2%
PennyMac Financial Services Inc7.875% 12/15/20260.2%
Provident Funding Associates LP / PFG Finance Corp9.750% 09/15/20280.2%
Genting New York LLC / GENNY Capital Inc7.250% 10/01/20280.2%
Maxim Crane Works Holdings Capital LLC11.500% 11/30/20250.2%
JW Aluminum Continuous Cast Co10.250% 04/01/20290.2%
Waga Bondco Ltd8.500% 06/15/20300.2%
Western Alliance Bancorp3.000% 06/15/20260.2%
Stonegate Pub Co Financing 2019 PLC10.750% 07/31/20290.2%
Sinclair Television Group Inc7.399% 12/31/20290.2%
Texas Capital Bancshares Inc4.000% 05/06/20260.2%
Lumen Technologies Inc5.375% 06/15/20290.2%
Leeward Renewable Energy Operations LLC4.250% 07/01/20290.2%
Genesis Energy LP / Genesis Energy Finance Corp8.875% 04/15/20270.2%
Harvest Midstream I LP7.500% 05/15/20290.2%
P&L Development LLC / PLD Finance Corp12.000% 05/15/20290.2%
Paradigm Parent LLC8.382% 04/19/20320.2%
Maxam Prill Sarl7.750% 07/02/20290.2%
Acadia Healthcare Co Inc7.375% 03/15/20300.2%
ACBL0.000% 09/09/99990.2%
Aston Martin Capital Holdings Ltd10.000% 03/31/20290.2%
Baytex Energy Corp8.500% 04/30/20280.2%
Clue Opco LLC9.500% 10/15/20280.2%
CP Atlas Buyer Inc7.000% 12/01/20280.2%
CoreWeave Inc9.250% 06/01/20290.2%
CHS/Community Health Systems Inc4.750% 02/15/20310.2%
Fair Isaac Corp6.000% 05/15/20300.2%
Canpack SA / Canpack US LLC3.875% 11/15/20290.2%
Ashton Woods USA LLC / Ashton Woods Finance Co6.875% 08/01/20300.2%
888 Acquisitions Ltd10.750% 05/15/20300.2%
Michaels Cos Inc/The5.250% 05/01/20280.2%
Park River Holdings Inc8.000% 09/15/20280.2%
PennyMac Financial Services Inc5.750% 09/15/20310.2%
Piedmont Operating Partnership LP6.875% 06/15/20290.2%
Rakuten Group Inc9.750% 04/15/20290.2%
ROBLOX Corp3.875% 05/01/20300.2%
Heathrow Finance PLC6.625% 12/01/20300.2%
Herc Holdings Inc7.000% 06/15/20290.2%
Hunterstown Generation LLC6.857% 11/06/20310.2%
JELD-WEN Inc7.000% 09/01/20320.2%
Univision Communications Inc9.375% 08/01/20300.2%
Sunoco LP7.875% 09/18/20300.2%
Starz Capital Holdings 1 Inc6.000% 04/15/20300.2%
Star Leasing Co LLC7.625% 02/15/20300.2%
Staples Inc10.750% 09/01/20290.2%
Trivium Packaging Finance BV8.250% 07/15/20290.2%
Transocean International Ltd6.800% 03/15/20380.2%
Weatherford International Ltd6.750% 10/15/20300.2%
Kennedy-Wilson Inc5.000% 03/01/20310.2%
Goat Holdco LLC6.750% 02/01/20300.2%
Rocket Cos Inc6.375% 08/01/20300.2%
Resorts World Las Vegas LLC / RWLV Capital Inc4.625% 04/06/20310.2%
Saturn Oil & Gas Inc9.625% 09/05/20280.2%
Sealed Air Corp6.500% 07/15/20290.2%
Parkland Corp6.625% 08/15/20290.2%
PBF Holding Co LLC / PBF Finance Corp7.875% 09/15/20300.2%
Oceaneering International Inc6.000% 11/01/20270.2%
Melco Resorts Finance Ltd7.625% 04/17/20290.2%
Alpha Generation LLC6.750% 10/15/20290.2%
Altice France SA6.875% 10/15/20300.2%
ATI Inc5.125% 10/01/20310.2%
Antero Midstream Partners LP / Antero Midstream Finance Corp5.375% 06/15/20290.2%
Capstone Copper Corp6.750% 03/31/20300.2%
Amkor Technology Inc5.875% 10/01/20300.2%
Blackstone Mortgage Trust Inc7.750% 09/01/20290.2%
EnerSys6.625% 01/15/20290.2%
Freedom Mortgage Holdings LLC9.250% 02/01/20260.2%
Civitas Resources Inc8.750% 07/01/20280.2%
City Football Group Ltd7.646% 07/22/20300.2%
CTEC II GmbH5.250% 02/15/20300.2%
Delek Logistics Partners LP / Delek Logistics Finance Corp7.125% 06/01/20260.2%
Directv Financing LLC8.875% 02/01/20300.2%
Fortrea Holdings Inc7.500% 07/01/20300.2%
Empire Resorts Inc7.750% 11/01/20260.2%
Embecta Corp5.000% 02/15/20300.2%
Bloomin' Brands Inc / OSI Restaurant Partners LLC5.125% 04/15/20290.2%
Blue Racer Midstream LLC / Blue Racer Finance Corp7.000% 07/15/20280.2%
Bombardier Inc7.450% 05/01/20340.2%
Bracelet Holdings Inc9.250% 07/02/20280.2%
Brand Industrial Services Inc10.375% 08/01/20300.2%
Champions Financing Inc8.763% 02/23/20290.2%
Century Communities Inc3.875% 08/15/20290.2%
American Airlines Inc/AAdvantage Loyalty IP Ltd5.750% 11/28/20270.2%
Arsenal AIC Parent LLC8.000% 10/01/20260.2%
ACProducts Holdings Inc6.375% 05/15/20290.2%
Millrose Properties Inc6.250% 09/15/20300.2%
Nissan Motor Acceptance Co LLC6.125% 09/30/20300.2%
Novelis Corp6.875% 01/30/20290.2%
Pediatrix Medical Group Inc5.375% 02/15/20300.2%
PHH Escrow Issuer LLC/PHH Corp9.875% 11/01/20280.2%
Popular Inc7.250% 02/13/20280.2%
Quikrete Holdings Inc6.750% 03/01/20300.2%
Gray Media Inc10.500% 07/15/20260.2%
Hilton Domestic Operating Co Inc4.000% 05/01/20310.2%
LifePoint Health Inc10.000% 06/01/20290.2%
LSB Industries Inc6.250% 10/15/20280.2%
MC Brazil Downstream Trading SARL7.250% 06/18/20300.2%
Macy's Retail Holdings LLC6.700% 07/15/20340.2%
Magnolia Oil & Gas Operating LLC / Magnolia Oil & Gas Finance Corp6.875% 12/01/20290.2%
Williams Scotsman Inc6.625% 04/15/20290.2%
VoltaGrid LLC7.375% 11/01/20290.2%
Venture Global Plaquemines LNG LLC6.500% 07/15/20330.2%
UWM Holdings LLC6.250% 03/15/20310.2%
Tenet Healthcare Corp6.875% 11/15/20310.2%
Tank Holding Corp10.065% 03/31/20280.2%
United Group BV6.750% 02/05/20290.2%
Societe Generale SA9.375% 11/22/20270.2%
Trulieve Cannabis Corp8.000% 10/06/20260.1%
Talos Production Inc9.375% 02/01/20290.1%
Talen Energy Supply LLC6.500% 10/15/20320.1%
Team Health Holdings Inc8.375% 08/01/20260.1%
VF Ukraine PAT via VFU Funding PLC9.625% 02/11/20270.1%
VistaJet Malta Finance PLC / Vista Management Holding Inc6.375% 02/01/20300.1%
William Carter Co/The7.375% 02/15/20310.1%
Zebra Technologies Corp6.500% 06/01/20290.1%
GPS Hospitality Holding Co LLC / GPS Finco Inc7.000% 08/15/20280.1%
Goodyear Tire & Rubber Co/The5.250% 07/15/20310.1%
Genesis Energy LP / Genesis Energy Finance Corp8.250% 01/15/20260.1%
Perrigo Finance Unlimited Co6.125% 09/30/20290.1%
Nissan Motor Acceptance Co LLC2.750% 03/09/20280.1%
Olympus Water US Holding Corp7.250% 06/15/20290.1%
Osaic Holdings Inc8.000% 08/01/20300.1%
Navoiyuran State Enterprise6.700% 07/02/20300.1%
M/I Homes Inc4.950% 02/01/20280.1%
Mohegan Tribal Gaming Authority / MS Digital Entertainment Holdings LLC11.875% 04/15/20290.1%
Aethon United BR LP / Aethon United Finance Corp7.500% 10/01/20280.1%
Alumina Pty Ltd6.125% 03/15/20290.1%
Allied Universal Holdco LLC / Allied Universal Finance Corp6.875% 06/15/20290.1%
Central Parent LLC / CDK Global II LLC / CDK Financing Co Inc8.000% 06/15/20290.1%
CD&R Firefly Bidco PLC8.625% 04/30/20280.1%
Boparan Finance PLC9.375% 11/07/20280.1%
EFS Cogen Holdings I LLC6.984% 08/05/20320.1%
Flagstar Bank NA7.296% 11/06/20280.1%
Danaos Corp6.875% 10/15/20320.1%
Dermatology Intermediate Holdings III Inc9.405% 04/02/20290.1%
ContourGlobal Power Holdings SA6.750% 02/15/20290.1%
CQP Holdco LP / BIP-V Chinook Holdco LLC5.500% 06/15/20310.1%
Cloud Software Group Inc8.250% 06/30/20290.1%
Civitas Resources Inc8.625% 11/01/20280.1%
CSC Holdings LLC5.750% 01/15/20300.1%
Cornerstone Building Brands Inc9.500% 08/15/20290.1%
Delta Topco Inc9.104% 11/29/20300.1%
CVR Partners LP / CVR Nitrogen Finance Corp6.125% 06/15/20260.1%
Dream Finders Homes Inc6.875% 09/15/20300.1%
Dream Finders Homes Inc8.250% 08/15/20270.1%
Buckeye Partners LP6.875% 07/01/20280.1%
BW Real Estate Inc9.500% 03/30/20300.1%
AltaGas Ltd7.200% 07/17/20340.1%
Algoma Steel Inc9.125% 04/15/20290.1%
Mueller Water Products Inc4.000% 06/15/20290.1%
PennyMac Financial Services Inc6.875% 05/15/20300.1%
Phoenix Aviation Capital Ltd9.250% 07/15/20290.1%
Punch Finance PLC7.875% 06/15/20290.1%
Sinclair Television Group Inc8.125% 02/15/20300.1%
Rockies Express Pipeline LLC6.750% 03/15/20300.1%
Hudbay Minerals Inc6.125% 04/01/20270.1%
Jane Street Group / JSG Finance Inc6.750% 05/01/20300.1%
Zegona Finance PLC8.625% 07/15/20260.1%
Wilsonart LLC11.000% 08/15/20320.1%
Watco Cos LLC / Watco Finance Corp7.125% 08/01/20290.1%
TGNR Intermediate Holdings LLC5.500% 10/15/20290.1%
Tronox Inc4.625% 03/15/20290.1%
Stonex Escrow Issuer LLC6.875% 07/15/20300.1%
Smyrna Ready Mix Concrete LLC6.000% 11/01/20280.1%
Wayfair LLC7.750% 09/15/20290.1%
Warnermedia Holdings Inc5.141% 03/15/20520.1%
WBI Operating LLC6.500% 10/15/20330.1%
Vmed O2 UK Financing I PLC4.750% 07/15/20310.1%
Iron Mountain Inc6.250% 12/06/20290.1%
Iliad Holding SAS8.500% 04/15/20270.1%
Independent Bank Corp7.250% 04/01/20300.1%
Kodiak Gas Services LLC7.250% 02/15/20280.1%
Matador Resources Co6.500% 04/15/20290.1%
Lackawanna Energy Center LLC6.984% 08/05/20320.1%
Lamb Weston Holdings Inc4.125% 01/31/20300.1%
GGAM Finance Ltd8.000% 12/15/20270.1%
Radiology Partners Inc8.500% 07/15/20300.1%
Perrigo Finance Unlimited Co4.900% 06/15/20300.1%
PennyMac Financial Services Inc7.125% 11/15/20280.1%
Penn Entertainment Inc4.125% 07/01/20290.1%
Aegea Finance Sarl7.625% 01/20/20360.1%
Albion Financing 1 SARL / Aggreko Holdings Inc7.000% 05/21/20290.1%
Aretec Group Inc10.000% 10/15/20260.1%
Bayonne Energy Center LLC6.984% 10/01/20320.1%
Endeavour Mining PLC7.000% 05/28/20290.1%
Crescent Energy Finance LLC7.625% 04/01/20320.1%
Churchill Downs Inc5.750% 04/01/20270.1%
Clydesdale Acquisition Holdings Inc6.750% 04/15/20300.1%
Clydesdale Acquisition Holdings Inc6.875% 07/15/20280.1%
Commercial Metals Co4.125% 01/15/20300.1%
Cinemark USA Inc7.000% 08/01/20290.1%
Chord Energy Corp6.000% 10/01/20290.1%
Cloud Software Group Inc9.000% 09/30/20270.1%
CPI CG Inc10.000% 07/15/20280.1%
Cougar JV Subsidiary LLC8.000% 05/15/20290.1%
DaVita Inc6.875% 09/01/20290.1%
EnerSys4.375% 12/15/20270.1%
EMRLD Borrower LP / Emerald Co-Issuer Inc6.750% 07/15/20290.1%
Essendi SA5.625% 05/15/20300.1%
EquipmentShare.com Inc8.625% 05/15/20290.1%
Ford Motor Credit Co LLC7.350% 01/06/20300.1%
Fiesta Purchaser Inc7.875% 03/01/20290.1%
FirstCash Inc5.625% 01/01/20270.1%
Forvia SE8.000% 06/15/20290.1%
Bausch Health Cos Inc5.000% 02/15/20290.1%
Brandywine Operating Partnership LP4.550% 10/01/20290.1%
Bombardier Inc7.250% 07/01/20280.1%
Bellis Acquisition Co PLC8.125% 05/14/20300.1%
BellRing Brands Inc7.000% 03/15/20270.1%
BWX Technologies Inc4.125% 04/15/20290.1%
Brink's Co/The6.750% 06/15/20290.1%
Builders FirstSource Inc4.250% 02/01/20320.1%
Caesars Entertainment Inc7.000% 02/15/20280.1%
Capstone Borrower Inc8.000% 06/15/20280.1%
Celanese US Holdings LLC6.500% 04/15/20300.1%
Asbury Automotive Group Inc5.000% 02/15/20320.1%
ATS Corp4.125% 12/15/20280.1%
American Airlines Inc7.250% 02/15/20260.1%
Alumina Pty Ltd6.375% 03/15/20300.1%
Alcoa Nederland Holding BV7.125% 03/15/20290.1%
AdaptHealth LLC5.125% 03/01/20300.1%
Allied Universal Holdco LLC7.875% 02/15/20290.1%
Alliance Resource Operating Partners LP / Alliance Resource Finance Corp8.625% 06/15/20260.1%
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer6.500% 10/01/20290.1%
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer6.750% 04/15/20270.1%
Patrick Industries Inc6.375% 11/01/20290.1%
Panther Escrow Issuer LLC7.125% 06/01/20290.1%
Oscar AcquisitionCo LLC / Oscar Finance Inc9.500% 04/15/20300.1%
Nissan Motor Co Ltd8.125% 04/17/20350.1%
NCL Corp Ltd6.750% 02/01/20300.1%
NCR Atleos Corp9.500% 10/01/20260.1%
Resideo Funding Inc4.000% 09/01/20290.1%
RR Donnelley & Sons Co9.500% 08/01/20280.1%
Rfna LP7.875% 02/15/20300.1%
Rivers Enterprise Lender LLC / Rivers Enterprise Lender Corp6.250% 10/15/20290.1%
Rivian Holdings LLC/Rivian LLC/Rivian Automotive LLC10.000% 01/15/20310.1%
SK Invictus Intermediate II Sarl5.000% 10/30/20290.1%
SESI LLC7.875% 09/30/20300.1%
Global Auto Holdings Ltd/AAG FH UK Ltd11.500% 11/15/20280.1%
GGAM Finance Ltd6.875% 04/15/20280.1%
HUB International Ltd7.375% 01/31/20290.1%
Husky Injection Molding Systems Ltd / Titan Co-Borrower LLC9.000% 02/15/20280.1%
Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower Inc6.625% 01/15/20290.1%
HLF Financing Sarl LLC / Herbalife International Inc12.250% 04/15/20260.1%
Hecla Mining Co7.250% 02/15/20260.1%
Hertz Corp/The5.000% 12/01/20290.1%
Great Lakes Dredge & Dock Corp5.250% 06/01/20290.1%
Group 1 Automotive Inc6.375% 07/15/20280.1%
LBM Acquisition LLC9.500% 06/15/20290.1%
LGI Homes Inc7.000% 11/15/20320.1%
Life Time Inc6.000% 11/15/20290.1%
Kennedy-Wilson Inc4.750% 02/01/20300.1%
Ingevity Corp3.875% 11/01/20280.1%
Insulet Corp6.500% 04/01/20300.1%
Victoria's Secret & Co4.625% 07/15/20290.1%
Victra Holdings LLC / Victra Finance Corp8.750% 09/15/20260.1%
United States Steel Corp6.650% 06/01/20370.1%
US Foods Inc4.625% 06/01/20300.1%
ZF North America Capital Inc6.875% 03/14/20280.1%
XPO Inc7.125% 02/01/20280.1%
South Bow Canadian Infrastructure Holdings Ltd7.625% 12/01/20290.1%
Simmons Foods Inc/Simmons Prepared Foods Inc/Simmons Pet Food Inc/Simmons Feed4.625% 03/01/20290.1%
SNF Group SACA3.375% 03/15/20300.1%
Starwood Property Trust Inc6.000% 10/15/20290.1%
Trident TPI Holdings Inc12.750% 12/31/20250.1%
TransDigm Inc6.750% 08/31/20300.1%
Transocean International Ltd7.875% 10/15/20300.1%
Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp6.750% 03/15/20340.1%
TriNet Group Inc7.125% 08/15/20280.1%
TTM Technologies Inc4.000% 03/01/20290.1%
UBS Group AG7.750% 04/12/20310.1%
Staples Inc12.750% 01/15/20300.1%
Specialty Building Products Holdings LLC / SBP Finance Corp7.750% 10/15/20280.1%
Spin Holdco Inc8.160% 03/06/20280.1%
Solstice Advanced Materials Inc5.625% 09/30/20330.1%
X Corp9.500% 10/29/20290.1%
Wynn Macau Ltd6.750% 08/15/20300.1%
White Cap Supply Holdings LLC7.375% 11/15/20280.1%
Wolverine World Wide Inc4.000% 08/15/20290.1%
WR Grace Holdings LLC5.625% 08/15/20290.1%
Waste Pro USA Inc7.000% 02/01/20300.1%
WBI Operating LLC6.250% 10/15/20300.1%
US Acute Care Solutions LLC9.750% 05/15/20280.1%
USA Compression Partners LP / USA Compression Finance Corp6.250% 10/01/20300.1%
Vallourec SACA7.500% 04/15/20270.1%
VFH Parent LLC / Valor Co-Issuer Inc7.500% 06/15/20290.1%
Vistra Corp7.000% 12/15/20260.1%
Vistra Corp8.875% 01/15/20290.1%
Wabash National Corp4.500% 10/15/20280.1%
Iron Mountain Inc4.500% 02/15/20310.1%
Jazz Securities DAC4.375% 01/15/20290.1%
Kodiak Gas Services LLC6.500% 10/01/20300.1%
Market Bidco Finco PLC8.750% 01/31/20310.1%
Medline Borrower LP3.875% 04/01/20290.1%
LifePoint Health Inc11.000% 10/15/20260.1%
Lindblad Expeditions LLC7.000% 09/15/20290.1%
LCM Investments Holdings II LLC4.875% 05/01/20290.1%
LD Celulose International GmbH7.950% 01/26/20290.1%
Lamb Weston Holdings Inc4.375% 01/31/20320.1%
Hawaiian Electric Co Inc6.000% 10/01/20300.1%
Gulfport Energy Operating Corp6.750% 09/01/20280.1%
HLF Financing Sarl LLC / Herbalife International Inc4.875% 06/01/20290.1%
Howard Midstream Energy Partners LLC6.625% 01/15/20310.1%
Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden US Refinance LLC7.250% 02/15/20290.1%
Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden US Refinance LLC8.125% 02/15/20290.1%
Hilcorp Energy I LP / Hilcorp Finance Co6.000% 02/01/20310.1%
Hudson Pacific Properties LP3.250% 01/15/20300.1%
Global Marine Inc7.000% 06/01/20280.1%
GEO Group Inc/The8.625% 04/15/20260.1%
Genesee & Wyoming Inc6.250% 04/15/20290.1%
Freedom Mortgage Holdings LLC7.875% 04/01/20300.1%
Garrett Motion Holdings Inc / Garrett LX I Sarl7.750% 05/31/20290.1%
Sealed Air Corp6.875% 07/15/20330.1%
Seagate Data Storage Technology Pte Ltd5.750% 06/01/20340.1%
SM Energy Co6.750% 08/01/20290.1%
Shea Homes LP / Shea Homes Funding Corp4.750% 02/15/20280.1%
SIG PLC9.750% 10/31/20290.1%
Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc3.875% 03/01/20310.1%
Rockies Express Pipeline LLC6.875% 04/15/20400.1%
Rohm Holding GmbH7.123% 01/29/20290.1%
Resideo Funding Inc6.500% 07/15/20290.1%
Rede D'or Finance Sarl6.450% 06/09/20350.1%
Quikrete Holdings Inc6.375% 03/01/20300.1%
Rackspace Finance LLC6.849% 05/15/20280.1%
Performance Food Group Inc4.250% 08/01/20290.1%
PetSmart LLC / PetSmart Finance Corp10.000% 09/15/20300.1%
Pike Corp8.625% 01/31/20270.1%
NESCO Holdings II Inc5.500% 04/15/20290.1%
New Flyer Holdings Inc9.250% 07/01/20290.1%
NGL Energy Operating LLC / NGL Energy Finance Corp8.375% 02/15/20290.1%
Molina Healthcare Inc6.250% 01/15/20300.1%
Moss Creek Resources Holdings Inc8.250% 09/01/20310.1%
Millrose Properties Inc6.375% 08/01/20290.1%
Mersin Uluslararasi Liman Isletmeciligi AS8.250% 11/15/20260.1%
Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp4.875% 05/01/20290.1%
Noble Finance II LLC8.000% 04/15/20280.1%
Northriver Midstream Finance LP6.750% 07/15/20290.1%
Ocado Group PLC10.500% 08/08/20290.1%
Outfront Media Capital LLC / Outfront Media Capital Corp7.375% 11/15/20260.1%
Owens-Brockway Glass Container Inc7.375% 06/01/20320.1%
Owens & Minor Inc6.625% 04/01/20300.1%
Opal Bidco SAS6.500% 03/31/20300.1%
Osaic Holdings Inc6.750% 08/01/20300.1%
Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer7.000% 08/01/20280.1%
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer7.375% 10/01/20290.1%
Allied Universal Holdco LLC / Allied Universal Finance Corp6.000% 06/01/20290.1%
Algonquin Power & Utilities Corp4.750% 01/18/20270.1%
Alta Equipment Group Inc9.000% 06/01/20290.1%
Acadia Healthcare Co Inc5.000% 04/15/20290.1%
Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC5.750% 11/15/20300.1%
AES Corp/The7.600% 10/15/20290.1%
AMC Networks Inc10.500% 07/15/20300.1%
Amentum Holdings Inc7.250% 08/01/20290.1%
American Axle & Manufacturing Inc7.750% 10/15/20300.1%
American Builders & Contractors Supply Co Inc3.875% 11/15/20290.1%
AmeriTex HoldCo Intermediate LLC7.625% 08/15/20300.1%
Apollo Commercial Real Estate Finance Inc4.625% 06/15/20290.1%
Aptiv Swiss Holdings Ltd6.875% 09/15/20290.1%
Archrock Partners LP / Archrock Partners Finance Corp6.625% 09/01/20290.1%
Arcor SAIC7.600% 07/24/20320.1%
ATI Inc7.250% 08/15/20260.1%
Aston Martin Capital Holdings Ltd10.375% 03/31/20290.1%
Anastasia Parent LLC8.050% 08/11/20250.1%
Celanese US Holdings LLC6.830% 05/15/20290.1%
Bread Financial Holdings Inc8.375% 06/15/20300.1%
Builders FirstSource Inc6.375% 06/15/20300.1%
Cable One Inc4.000% 11/15/20300.1%
Belo Corp7.250% 09/15/20270.1%
Bombardier Inc8.750% 11/15/20260.1%
Ball Corp3.125% 09/15/20310.1%
Bath & Body Works Inc6.875% 11/01/20350.1%
Energy Transfer LP6.750% 11/15/20350.1%
Energy Transfer LP8.000% 02/15/20290.1%
Diversified Healthcare Trust7.250% 10/15/20290.1%
EF Holdco / EF Cayman Hold / Ellington Fin REIT Cayman/TRS / EF Cayman Non-MTM7.375% 09/30/20290.1%
DPL LLC/Ohio4.350% 04/15/20290.1%
Digicel International Finance Ltd / Difl US LLC8.625% 08/01/20320.1%
Czechoslovak Group AS6.500% 07/10/20290.1%
Cushman & Wakefield US Borrower LLC8.875% 09/01/20260.1%
C&S Group Enterprises LLC5.000% 12/15/20280.1%
CoreCivic Inc8.250% 04/15/20260.1%
CrossCountry Intermediate HoldCo LLC6.500% 10/01/20290.1%
Crane NXT Co4.200% 03/15/20480.1%
Crescent Energy Finance LLC7.375% 01/15/20330.1%
Chobani Holdco II LLC8.750% 11/30/20250.1%
Cheplapharm Arzneimittel GmbH7.125% 06/15/20290.1%
Compass Minerals International Inc8.000% 07/01/20290.1%
Coherent Corp5.000% 12/15/20290.1%
Coinbase Global Inc3.375% 10/01/20280.1%
Coinbase Global Inc3.625% 10/01/20310.1%
Clydesdale Acquisition Holdings Inc8.750% 04/15/20270.1%
Clarios Global LP / Clarios US Finance Co6.750% 09/15/20300.1%
Dycom Industries Inc4.500% 04/15/20290.1%
CACI International Inc6.375% 06/15/20300.1%
Carvana Co9.000% 11/10/20250.1%
CD&R Firefly Bidco PLC8.625% 04/30/20280.1%
Astoria Energy LLC6.752% 06/23/20320.1%
Nissan Motor Co Ltd7.750% 05/17/20320.1%
Rekeep SpA9.000% 09/15/20290.1%
Lloyds Banking Group PLC6.625% 09/27/20350.1%
INEOS Quattro Finance 2 Plc6.750% 04/15/20300.1%
WR Grace Holdings LLC6.625% 08/15/20320.1%
Tenneco Inc8.000% 11/17/20280.1%
ILFC E-Capital Trust I6.270% 12/21/20650.1%
ILFC E-Capital Trust II6.520% 12/21/20650.1%
LABL Inc5.875% 11/01/20280.1%
Level 3 Financing Inc3.750% 07/15/20290.1%
Goodyear Tire & Rubber Co/The6.625% 07/15/20300.1%
Herc Holdings Inc7.250% 06/15/20300.1%
Pampa Energia SA7.875% 12/16/20320.1%
ASP Unifrax Holdings Inc11.175% 09/30/20290.1%
Altice France SA0.000% 09/09/99990.1%
Conair Holdings LLC7.901% 05/17/20280.1%
Credit Acceptance Corp6.625% 03/15/20290.1%
Czechoslovak Group AS6.500% 07/10/20290.1%
Fortescue Treasury Pty Ltd4.375% 04/01/20310.1%
Ascent Resources Utica Holdings LLC / ARU Finance Corp6.625% 10/15/20290.1%
Century Communities Inc6.625% 09/15/20330.1%
Bread Financial Holdings Inc6.750% 05/15/20300.1%
Bausch Health Cos Inc5.250% 02/15/20310.1%
Axon Enterprise Inc6.125% 03/15/20290.1%
BCP V Modular Services Finance PLC6.750% 11/30/20290.1%
Sabre GLBL Inc11.250% 06/15/20270.1%
RHP Hotel Properties LP / RHP Finance Corp6.500% 06/15/20300.1%
Gray Media Inc9.625% 07/15/20300.1%
Level 3 Financing Inc4.250% 07/01/20280.1%
Star Holding LLC8.465% 07/31/20310.1%
Talen Energy Supply LLC6.250% 10/15/20300.1%
Transocean International Ltd9.350% 12/15/20410.1%
LABL Inc9.500% 11/01/20280.1%
GIBSON BRANDS PRIVATE EQUITY0.000% 09/09/99990.1%
Gategroup US Finance Inc8.234% 06/10/20320.1%
Novelis Corp6.375% 08/15/20300.1%
Nissan Motor Acceptance Co LLC7.050% 08/15/20280.1%
Mobico Group PLC4.250% 11/26/20250.1%
California Resources Corp7.000% 01/15/20340.1%
ASG Finance DAC9.750% 05/15/20290.1%
Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC6.250% 03/15/20300.1%
Fortescue Treasury Pty Ltd5.875% 01/15/20300.1%
Forvia SE6.750% 09/15/20300.1%
CP Atlas Buyer Inc12.750% 01/15/20310.1%
Connect Finco SARL / Connect US Finco LLC9.000% 09/15/20280.1%
ASP Unifrax Holdings Inc7.100% 09/30/20290.1%
Cheplapharm Arzneimittel GmbH5.500% 01/15/20280.1%
PCF GmbH4.750% 04/15/20290.1%
Sabre GLBL Inc8.625% 03/01/20270.1%
Herens Holdco Sarl4.750% 05/15/20280.1%
Jefferson Capital Holdings LLC8.250% 05/15/20290.1%
Lumen Technologies Inc7.650% 03/15/20420.1%
Lumen Technologies Inc7.600% 09/15/20390.1%
Tronox Inc9.125% 09/30/20300.1%
Talos Production Inc9.000% 02/01/20280.1%
Star Holding LLC8.750% 08/01/20310.1%
Weekley Homes LLC / Weekley Finance Corp4.875% 09/15/20280.1%
UTEX INDUSTRIES0.000% 09/09/99990.1%
USA Compression Partners LP / USA Compression Finance Corp7.125% 03/15/20280.0%
TransDigm Inc4.625% 01/15/20290.0%
UBS Group AG9.250% 11/13/20280.0%
Intralot Capital Luxembourg SA6.750% 10/15/20310.0%
Invenergy Thermal Operating I LLC7.532% 05/06/20320.0%
Hertz Global Holdings Inc0.000% 09/09/99990.0%
Hertz Corp/The4.625% 12/01/20260.0%
GrubHub Holdings Inc13.000% 07/31/20300.0%
FX USD/GBP 02/26- 02/06/20260.0%
Recovery Solutions Parent LLC11.491% 01/28/20300.0%
Shimao Group Holdings Ltd0.000% 09/09/99990.0%
Sharp Services LLC6.990% 09/29/20320.0%
Cheplapharm Arzneimittel GmbH7.125% 06/15/20290.0%
Freedom Mortgage Corp12.250% 10/01/20260.0%
FRONTERA GENERATION0.000% 09/09/99990.0%
ESC 144A HERTZ CORP0.000% 01/15/20280.0%
Sabre GLBL Inc10.750% 11/15/20290.0%
RECOVERY SOLUTIONS0.000% 09/09/99990.0%
New Frontera Holdings LLC5.486% 07/28/20280.0%
Sunac China Holdings Ltd0.000% 09/30/20280.0%
New WPCC Parent LLC13.484% 05/09/20300.0%
Ocado Group PLC10.500% 08/08/20290.0%
Real Hero Merger Sub 2 Inc6.250% 02/01/20290.0%
Qwest Capital Funding Inc7.750% 02/15/20310.0%
LABL Inc8.625% 10/01/20310.0%
Benteler International AG7.250% 06/15/20270.0%
Albion Financing 1 SARL / Aggreko Holdings Inc5.375% 05/21/20290.0%
ACBL HLDG CORP0.000% 09/09/99990.0%
Advance Auto Parts Inc3.500% 03/15/20320.0%
CHINOS INTERMEDIATE 2 LLC0.000% 09/09/99990.0%
FX USD/EUR 11/25- 11/21/20250.0%
FX USD/EUR 11/25- 11/21/20250.0%
Sunac China Holdings Ltd7.000% 09/30/20290.0%
Sunac China Holdings Ltd6.750% 09/30/20280.0%
WELLPATH HOLDINGS CLASS A UN0.000% 09/09/99990.0%
WELLPATH HOLDINGS CLASS A UN0.000% 09/09/99990.0%
Washington Mutual Bank / Debt not acquired by JPMorgan6.875% 06/15/20110.0%
Yellow Corp10.766% 07/26/20220.0%
US LONG BOND(CBT) Dec250.000% 12/19/20250.0%
US ULTRA BOND CBT Dec250.000% 12/19/20250.0%
Sunac China Holdings Ltd6.000% 09/30/20250.0%
Sunac China Holdings Ltd7.250% 09/30/20300.0%
Sunac China Holdings Ltd6.250% 09/30/20260.0%
Sunac China Holdings Ltd6.500% 09/30/20270.0%
Sunac China Holdings Ltd0.000% 09/09/99990.0%
United PF Holdings LLC8.083% 12/30/20260.0%
US 10yr Ultra Fut Dec250.000% 12/19/20250.0%
US 2YR NOTE (CBT) Dec250.000% 12/31/20250.0%
US 5YR NOTE (CBT) Dec250.000% 12/31/20250.0%
Thor Industries Inc3.946% 02/01/20260.0%
Tonon Luxembourg SA6.500% 10/31/20240.0%
FX USD/EUR 11/25- 11/21/20250.0%
FX USD/EUR 11/25- 11/21/20250.0%
FX USD/EUR 11/25- 11/21/20250.0%
FX USD/EUR 11/25- 11/21/20250.0%
FX USD/EUR 11/25- 11/21/20250.0%
FX USD/EUR 11/25- 11/21/20250.0%
FX USD/EUR 11/25- 11/21/20250.0%
FX USD/EUR 11/25- 11/21/20250.0%
Gategroup Finance International Sarl6.279% 06/10/20320.0%
Hanger Inc7.502% 10/23/20310.0%
Hanger Inc7.502% 10/23/20310.0%
Hunter Douglas Inc7.826% 02/26/20290.0%
Kestra Advisor Services Holdings A Inc8.753% 03/24/20310.0%
Invenergy Thermal Operating I LLC7.532% 05/06/20320.0%
Mavis Tire Express Services Topco Corp7.002% 05/04/20280.0%
Pitney Bowes Inc7.250% 03/15/20270.0%
Proofpoint Inc6.986% 08/31/20280.0%
PetVet Care Centers LLC8.572% 02/14/20250.0%
PERSIMMON MIDCO LLC0.000% 09/09/99990.0%
Riverbed Technology LLC/US11.182% 12/07/20260.0%
Shimao Group Holdings Ltd5.000% 05/17/20300.0%
MIRABELA NICKEL LTD.1.000% 09/16/20440.0%
CHINOS INTERMEDIATE 2 LLC0.000% 09/09/99990.0%
CLAIRES HOLDINGS0.000% 09/09/99990.0%
FGI Operating Co LLC12.000% 05/15/20220.0%
Dollar General Corp2.982% 07/07/20140.0%
Disco Parent Inc7.234% 08/06/20320.0%
DTI Holdco Inc7.984% 04/26/20290.0%
Dutch Lion BV11.250% 06/15/20200.0%
Frontera Generation Holdings LLC5.250% 05/02/20250.0%
Froneri US Inc6.465% 09/30/20320.0%
FX EUR/USD 11/25- 11/21/20250.0%
FX EUR/USD 11/25- 11/21/20250.0%
FX EUR/USD 11/25- 11/21/20250.0%
FX EUR/USD 11/25- 11/21/20250.0%
FX EUR/USD 11/25- 11/21/20250.0%
FX EUR/USD 11/25- 11/21/20250.0%
FX EUR/USD 11/25- 11/21/20250.0%
FX EUR/USD 11/25- 11/21/20250.0%
FX EUR/USD 11/25- 11/21/20250.0%
FX EUR/USD 11/25- 11/21/20250.0%
FX EUR/USD 11/25- 11/21/20250.0%
FX EUR/USD 11/25- 11/21/20250.0%
FX EUR/USD 11/25- 11/21/20250.0%
FX EUR/USD 11/25- 11/21/20250.0%
FX EUR/USD 11/25- 11/21/20250.0%
FX GBP/USD 02/26- 02/06/20260.0%
Acropole Holding SAS5.572% 07/26/20320.0%
Ahlstrom Holding 3 Oy4.875% 02/04/20280.0%
AVSC Holding Corp8.153% 03/03/20250.0%
Central Parent LLC7.144% 07/06/20290.0%

Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.

Sector Allocationas of 10/31/2025

Sector Weighting Fund Change from Previous Quarter
Sector Weighting Fund Change from Previous Quarter
Basic Industry arrowDown0.3%
Automotive arrowDown0.1%
Consumer, Non-Cyclical -
Mortgage Securities -
Utility arrowUp0.3%
Healthcare arrowUp1.5%
Services arrowDown1.2%
Insurance arrowDown0.4%
Telecommunications arrowUp0.1%
Consumer Goods arrowDown0.4%
Retail arrowUp0.9%
Energy arrowDown0.4%
Leisure arrowDown0.4%
Media arrowDown0.6%
Technology & Electronics arrowUp0.1%
Transportation arrowUp0.2%
Capital Goods arrowUp0.4%
Banking arrowUp0.1%
Other -
Real Estate arrowUp0.1%
Commercial Mortgage Backed -
Financial Services 0.0%

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

Dividend Payments

For
YTD Dividends Paidas of 12/05/2025
$0.41607
Dividend Frequency
Monthly (Daily Accrual)
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
Daily Daily 11/30/2025 $0.03840 $6.38
Daily Daily 10/31/2025 $0.03841 $6.38
Daily Daily 09/30/2025 $0.03872 $6.41
Daily Daily 08/31/2025 $0.03888 $6.39
Daily Daily 07/31/2025 $0.03722 $6.35
Daily Daily 06/30/2025 $0.03838 $6.35
Daily Daily 05/31/2025 $0.03734 $6.27
Daily Daily 04/30/2025 $0.03848 $6.19
Daily Daily 03/31/2025 $0.03871 $6.29
Daily Daily 02/28/2025 $0.03503 $6.42
Daily Daily 01/31/2025 $0.03651 $6.42

Upcoming Dividend Payment Dates

Record Date Ex-Dividend Date Reinvest & Payable Date
Daily Daily 12/31/2025

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
12/16/2021 12/17/2021 - $0.0100 $0.0100 $7.45
*

Taxed as ordinary income

Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor. 

Fees & Expenses

Fees & Expenses

Sales Charge Schedule as of 12/05/2025

  Sales Charge Dealer's Concession Prices at Breakpoint
Less than $100,000 2.25% 2.00% $6.53
$100,000 to $249,999 1.75% 1.50% $6.49
$250,000 to $499,999 1.25% 1.00% $6.46
Greater than $500,000 0.00% 1.00% $6.38

The 12b-1 trail commission is 0.15% (accrues immediately) for all fixed-income and municipal income funds.

Class A shares purchased without a sales charge (commissionable NAV) will be subject to a CDSC of 1% if they are redeemed before the first day of the month in which the one-year anniversary of the purchase falls.

For Sales Charge Reductions and Waivers View Full Disclosure

Expense Ratioas of 11/30/2025

Fund Gross Expense Ratio 0.93%
Fund Net Expense Ratio 0.93%

Fund Documents

Fund Documents

0Documents selected
Portfolio Holdings 1Q
Publish Date:11/03/2015
Portfolio Holdings 3Q
Publish Date:11/03/2015
Summary Prospectus
Publish Date:11/03/2015
Statutory Prospectus
Publish Date:11/03/2015
SAI
Publish Date:11/03/2015
Annual Financial Statements and Other Information *
Publish Date:11/03/2015
2024 Annual Tailored Shareholder Report
Publish Date:11/03/2015
2025 Semi-Annual Tailored Shareholder Report
Publish Date:11/03/2015
Semi-Annual Financial Statements and Other Information *
Publish Date:11/03/2015
Fact Sheet
Publish Date:11/03/2015
Commentary
Publish Date:11/03/2015
* includes items 7-11 of form N-CSR as required, if any.

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Minimum initial investment varies depending on the class of shares you buy and the type of account. IRAs, SIMPLEs, and SEP accounts with payroll deductions have no minimums. Please see Fund prospectuses for additional information.      

                    

1

The 30-Day Standardized Yield represents net investment income earned by a fund over a 30-day period. It is expressed as an annual percentage rate using a method of calculation adopted by the Securities and Exchange Commission (SEC). Yields for other share classes will vary.

 

2

The 30-day Standardized Subsidized yields reflect fee waivers in effect. Without such fee waivers, yields would be reduced.  

 

Average Yield to Maturity is the total rate of return earned when a bond makes all interest payments and repays the original principal.

Distribution Yield is the calculation of cash flow for an investment vehicle, to calculate the distribution yield, the most recent distribution is multiplied by 12 to get an annualized total, which is then divided by the NAV.

3

The 30-day Standardized Unsubsidized yield does not reflect fee waivers.

A Note about Risk: The Fund is subject to the general risks associated with investing in debt securities, including market, credit, liquidity, and interest rate risk. The Fund invests primarily in high-yield, lower-rated securities, sometimes called junk bonds. These securities carry increased risks of price volatility, illiquidity, and the possibility of default in the timely payment of interest and principal. The Fund may invest in foreign or emerging market securities, which may be adversely affected by economic, political, or regulatory factors and subject to currency volatility and greater liquidity risk. The Fund may invest in derivatives, which are subject to greater liquidity, leverage, and counterparty risk. These factors can affect Fund performance.

 

Performance data quoted is historical. Past performance is not indicative of future results. Current performance may be higher or lower than the performance quoted. The investment return and principal value of an investment in the Fund will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent quarter-end, go to quarter ending performance on our Website or call Lord Abbett at (888) 522-2388.

 

 

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.

 

Class A  Except as noted below, returns with sales charges reflect a maximum sales charge of 5.75% for equity funds, 2.25% for all tax-free income funds, fixed income funds and multi-asset class funds. There are also ongoing 12b-1 service fees (and, in certain cases, distribution fees).

Class A Shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1% if the shares are redeemed before the first day of the month in which the one year anniversary of the purchase falls. The CDSC is not reflected in the performance with maximum sales charge.

With Sales Charge - Returns with sales charges reflect applicable fees and expenses and include all distributions reinvested.

 

Without Sales Charge - Returns shown are without sales charges and have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.

 

Returns shown at less than a year reflect aggregate total returns.

 

Double-Digit Returns - instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time.   

 

The ICE BofA Merrill Lynch U.S. High Yield Constrained Index is a capitalization-weighted index of all US dollar denominated below investment grade corporate debt publicly issued in the US domestic market. Qualifying securities must have a below investment grade rating (based on an average of Moody’s, S&P and Fitch), at least 18 months to final maturity at the time of issuance, at least one year remaining term to final maturity as of the rebalancing date, a fixed coupon schedule and a minimum amount outstanding of $100 million. The index caps individual issuer at 2%. Index constituents are capitalization-weighted, based on their current amount outstanding, provided the total allocation to an individual issuer does not exceed 2%. Issuers that exceed the limit are reduced to 2% and the face value of each of their bonds is adjusted on a pro-rata basis. The face values of bonds of all other issuers that fall below the 2% cap are increased on a pro-rata basis. In the event there are fewer than 50 issuers in the Index, each is equally weighted and the face values of their respective bonds are increased or decreased on a pro-rata basis.

Source: ICE Data Indices, LLC. 

Source ICE Data Indices, LLC (“ICE”), used with permission. ICE PERMITS USE OF THE ICE BofAML INDICES AND RELATED DATA ON AN "AS IS" BASIS, MAKES NO WARRANTIES REGARDING SAME, DOES NOT GUARANTEE THE SUITABILITY, QUALITY, ACCURACY, TIMELINESS, AND/OR COMPLETENESS OF THE ICE BofAML INDICES OR ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM, ASSUMES NO LIABILITY IN CONNECTION WITH THE USE OF THE FOREGOING, AND DOES NOT SPONSOR, ENDORSE, OR RECOMMEND LORD ABBETT, OR ANY OF ITS PRODUCTS OR SERVICES.

Indexes reflect total return, unless otherwise specified, with all dividends reinvested. Indexes are unmanaged, do not reflect the deduction of fees or expenses, and are not available for direct investment.

 

The Overall Morningstar RatingTM is derived from a weighted average of the performance figures associated with a fund's three-, five-, and 10-year (as applicable) Morningstar RatingTM metrics. © Morningstar, Inc. All rights reserved. The information contained herein (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

 

Morningstar proprietary ratings reflect historical risk-adjusted performance. For each fund with at least a three-year history, Morningstar calculates a Morningstar RatingTM based on a Morningstar risk-adjusted return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. Load-waived ratings do not include any front-end sales charges (which are only available for certain defined contribution plans and certain mutual fund advisory programs) and should only be considered by investors who are not subject to sales loads. Not all funds with a load-waived rating may waive their front-end load. An investor should check with their advisor to determine if they are eligible to purchase the load-waived Class A share. The top 10% of the funds in an investment category receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages). The Overall Morningstar rating is a weighted average of funds' three-, five-, and 10-year (as applicable) ratings. Past performance is no guarantee of future results. Morningstar Rating is for the Class A share only; other classes may have different performance characteristics.

 

Lipper Category Average - Peer group averages are based on universes of funds with the same investment objectives. The average return for the peer group is based on the returns of each individual fund within the group for the period shown. This average assumes reinvestment of dividends.

 

Fund Expense Ratio Detail: Reflects expenses for the Fund's fiscal year-end and is subject to change. Fund expenses may fluctuate with market volatility. A substantial reduction in Fund assets (since its most recently completed fiscal year), whether caused by market conditions or significant redemptions or both, will likely cause total operating expenses (as a percentage of Fund assets) to become higher than those shown.

 

 

Lipper Category Average Expense Ratio reflects the average net expenses of Class A shares of all funds with in the peer group based on Lipper data available.

 

The Fund's portfolio is actively managed and portfolio characteristics, such as individual holdings and sector weightings may change significantly over time. The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or recommendation to buy or sell securities or other investments.  

 

Dividends and Capital Gains: The information presented in this section is intended for general information and is not intended to be relied upon and should not be relied upon, as financial, legal or tax advice for any particular investor. We strongly recommend that you contact your financial, legal or tax advisor regarding your particular tax situation.

The information presented in this section is not written or intended to be used, and cannot be used, for the purpose of avoiding any tax liabilities or penalties.

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